1-bed · 1,012 sqftReehan 3, The Old Town · 2nd floor · completed 2006

206, Reehan 3

Sold prices and rental history: sold twice, last in December 2020, and rented continuously since 2012. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 206 · DLD and Ejari recordsUpdated 10 November 2021
Last soldAED 1.3M24 December 2020
Current rentAED 80K /yr10 November 2021
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 206, Reehan 3

What is 206 worth today?

Last sold for AED 1,300,000 in 2020

Unlock today's estimate, updated daily, with

Verify once to see valuations for every property. Everything else on this page is open.

10 Nov 2021RentedNew contract
AED 80,000/yr12 months · AED 79 per sqft
24 Dec 2020SoldReady
AED 1,300,000AED 1,284 per sqft
10 Nov 2020RentedNew contract
AED 77,000/yr12 months · AED 76 per sqft
25 Sep 2019RentedNew contract
AED 105,000/yr12 months · AED 104 per sqft
19 Sep 2018RentedRenewal
AED 130,000/yr12 months · AED 128 per sqft
19 Sep 2017RentedRenewal
AED 130,000/yr12 months · AED 128 per sqft
19 Sep 2016RentedRenewal
AED 130,000/yr12 months · AED 128 per sqft
19 Sep 2015RentedNew contract
AED 130,000/yr12 months · AED 128 per sqft

Source: Dubai Land Department. Updated 10 November 2021.

Key facts

Type
1-bed apartment
Size
1,012 sqft
Floor
2nd of 4
Parking
B-2176
Developer
Emaar
Completed
2006
Service charge
AED 20,900 /yr
Last sold
AED 1.3M · December 2020
Building
Reehan 3

About 206, Reehan 3

206 is a one-bedroom apartment of 1,012 sqft on the 2nd floor of Reehan 3, a 4-storey tower in The Old Town completed in 2006 by Emaar. It last sold on 24 December 2020 for AED 1,300,000, or AED 1,284 per sqft.

It has been rented continuously since 2012 on 10 Ejari contracts. The current contract, signed on 10 November 2021, is AED 80,000 a year: a gross yield of 6.2% on the 2020 price, before the service charge of about AED 20,900 a year.

Sales and rents for 206 over time

Sales
Unit 206, each saleTypical one-bed in Reehan 3
1M1.5M2M20092013201720212025Typical sale price by year: 2009 AED 1,259,888; 2010 AED 1,274,888; 2011 AED 910,000; 2015 AED 1,740,000; 2021 AED 1,400,000; 2024 AED 2,000,000Sold by developer, February 2009: AED 1,264,888 (AED 1,249 per sqft)Sold, December 2020: AED 1,300,000 (AED 1,284 per sqft)

206 has sold twice; the dashed line is the one-bed median of each year in the building.

Rents
Unit 206, each contractTypical one-bed in Reehan 3
75K100K125K2012201620202024Typical rent by year: 2013 AED 105,000; 2014 AED 105,000; 2015 AED 125,000; 2016 AED 127,500; 2017 AED 105,000; 2018 AED 110,000; 2019 AED 94,000; 2020 AED 85,000; 2021 AED 80,000; 2022 AED 90,000; 2023 AED 92,500; 2024 AED 115,000; 2025 AED 116,000; 2026 AED 112,750New contract, August 2012: AED 82,000 a yearNew contract, August 2013: AED 87,000 a yearNew contract, October 2014: AED 120,000 a yearNew contract, September 2015: AED 130,000 a yearRenewal, September 2016: AED 130,000 a yearRenewal, September 2017: AED 130,000 a yearRenewal, September 2018: AED 130,000 a yearNew contract, September 2019: AED 105,000 a yearNew contract, November 2020: AED 77,000 a yearNew contract, November 2021: AED 80,000 a year

Annual rent on each registered contract; the dashed line is the one-bed median of each year in the building.

1-beds in Reehan 3, and where 206 sits

All 19 1-beds →

Over the last 12 months one-beds sold for AED 30,521 to 49,282, around AED 49 per sqft, and rent for AED 90,000 to 135,000 a year. 206's AED 80,000 is at the bottom of that range.

Recent 1-bed salesUnit no.Price (AED)Summary
27 Jul 202630,521
12 Jan 202649,282
9 Jul 20251,800,000
15 Nov 20242,300,000
2 1-bed sales in the last 12 months

Reehan 3

Building

47 apartments, 1-bed to 3-bed over 4 floors in The Old Town, completed in 2006 by Emaar. 3 sold in the last 12 months.

Typical price per sqft
AED 2,662
Typical sale
AED 5.75M
Typical rent
AED 138K /yr
Typical yield
4.4%
Reehan 3, The Old Town: prices, sales and rents →

Other units on the 2nd floor

All 47 units in Reehan 3
Value
2011-bedAED 1.75M · Apr 2016
2021-bedAED 965K · Jul 2010
2032-bedAED 2.3M · Sep 2018
2042-bedAED 1.78M · Apr 2011
2053-bedAED 2.6M · May 2010
2071-bedAED 2M · May 2024
2082-bedAED 3M · Feb 2024
1–7 of 10

206, Reehan 3 in numbers

  • Sold twice: first on 24 February 2009 for AED 1,264,888, last on 24 December 2020 for AED 1,300,000 (AED 1,284 per sqft).
  • Rented since August 2012 on 10 Ejari contracts, from AED 82,000 to AED 80,000 a year.
  • At AED 80,000 a year the gross yield on the 2020 price is 6.2%, before a service charge of about AED 20,900 a year (AED 20.62 per sqft).
  • One-beds in Reehan 3 sold for AED 30,521–49,282 in the 12 months to November 2026; the building's median across all types is AED 2,662 per sqft.

Source: Dubai Land Department. Updated 10 November 2021.

Questions about 206, Reehan 3

What did unit 206 last sell for?

AED 1,300,000 on 24 December 2020: AED 1,284 per sqft for 1,012 sqft. The unit has 2 registered sales; the first was AED 1,264,888 in February 2009.

What is the rent for unit 206?

AED 80,000 a year on the contract signed on 10 November 2021. The previous contract, from November 2020, was AED 77,000; the unit has been rented since August 2012.

How big is unit 206?

1,012 sqft (94.0 sqm): a one-bedroom apartment on the 2nd floor of a 4-storey tower completed in 2006.

What is unit 206 worth today?

The YallaValue estimate is updated daily and free after a one-time verification by WhatsApp, email or Google. One-beds in Reehan 3 sold for AED 30,521 to 49,282 in the last 12 months, around AED 49 per sqft.

Selling 206? Put it on the OpenOffers board

Public offers from verified, deposit-backed buyers; a reserve you set; no fee unless it sells, then 1%. Sale agreed in weeks, not months.

How OpenOffers works

Mortgage on 206, Reehan 3

Starts from the last sale price (AED 1.3M, 24 December 2020). Switch to today's estimate once you have unlocked it.
Price
AED 1,300,000
Deposit, UAE resident (20%)
AED 260,000
Deposit, non-resident (40%)
AED 520,000
Monthly over 25 years at 3.7%
AED 5,319

Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →